Two Palm Beach County mobile home parks with a combined 366 units were targeted for foreclosure by a collateralized debt obligation trust.

Petra CRE CDO 2007-1 Ltd. filed a foreclosure lawsuit against Suni Sands Mobile Home Park and Ocean Tide of Riviera Bch. Those Washington, Penn.-based companies are managed by Angelo Falconi. It concerns a mortgage issued for $29.5 million in 2007.

Suni Sands Mobile Home Park has 130 units on 9.9 acres at 961 N. A1A in Jupiter. The site is along the Intracoastal Waterway. It also owns a 5,747-square-foot retail building at 997 N. A1A, the home of Guanabanas Restaurant and Blueline Paddle Surf & Clothing Boutique, and a 1,073-square-foot office at 1011 Love St.

Store on A1A in Hollywood faces foreclosure

The bank (NYSE: BBT) filed a foreclosure lawsuit on Oct. 22 against MAQ Management over a mortgage made in 2008 for nearly $2.5 million by the since-failed Colonial Bank. It targets the 1,649-square-foot home of Ocean Grocers at 1403 Ocean Drive.

Orlando attorney Kevin A. Reck, who represents BB&T in the lawsuit, could not immediately be reached for comment.

The 29 home sites – each 4 or 5 acres – at the southwest corner of Southwest 344th Street (Palm Drive) and Southwest 217th Avenue are set for online auction Jan. 15.

The property is outside of Miami-Dade’s urban development boundary, which means the sites are not eligible for dense development and do not have easy access to municipal services. Yet, they can be developed as estate homes.

The developer previously sold 18 homes there. Some unsold homes are partially complete.

The foreclosure judgment includes a notice for squatters, one listed by name, to vacate the completed homes.

Dayco Properties resolves foreclosure on CompUSA building

Dayco Properties resolved a foreclosure lawsuit brought against it over the CompUSA retail building and a medical office building in the Dadeland area.

Banco Popular North America, also known as Popular Community Bank, filed a $22.1 million foreclosure lawsuit in February against Dadeland Building, Dadeland Parcel D, Dadeland Funding, Dayco Properties and Falcon Properties. The complaint also named Dayco Properties CEO Franco D’Agostino.

It targeted the 29,018-square-foot retail building at 7440 S.W. 88th St., which is leased up by CompUSA, and the 89,467-square-foot medical office building at 7400 S.W. 88th St.

The lawsuit was withdrawn by the bank on Dec. 3 after a settlement was reached. The terms of the settlement were not made public.

Mortgage modification saves Doral building from foreclosure

The Amadeus Center office building in Doral was saved from foreclosure after its lender agreed to a forbearance agreement and a loan modification.

U.S. Bank, representing a commercial mortgage-backed securities (CMBS) trust, filed a foreclosure lawsuit in February against 9250 Doral IV LLC, which is affiliated with New York-based Delma Properties. It concerned a $16.5 million mortgage on the 214,945-square-foot building at 9250 N.W. 36th St.

Technology firm Amadeus North America previously leased up the entire building, but it took an early termination of its lease in September 2011 and started moving out.

In October, the borrower and lender reached a forbearance agreement to put the loan back into good standing and modify the mortgage. However, the lender has the right to secure an immediate foreclosure judgment it there is another loan default.

Check out our Foreclosure Database to view previous foreclosure filings and search by county or property type.